Hello Everyone, Currency Pair (EURJPY) appears to be forming various potential setups within the upcoming weeks. Blue Horizontal Line - (125.475 - 125.525) 50 pip interval Resistance Level 1 - (126.185-126.235) 50 pip interval Resistance Level 2 - (126.750 - 126.800) 50 pip interval Resistance Level 3 - (127.475 - 127.525) 50 pip interval PA (Price Action) -...
Hello Everyone, The currency pair (EURUSD) has been on a (bearish) trend since (March 20th -21st). Considering the present PA at Support Level 1, there is a plausible opportunity to believe that the pair will be in an uptrend (or consolidation) within the next few days. Wait for further price confirmation. The PA has broken numerous consolidation levels to...
Hello Everyone, The stock (CBK) appears to be attracting a bullish formation for the next couple of weeks. Since the stock has been oversold for arguably 2 - 3 weeks, there is only "reason" to believe that a reversal is imminent. As what goes down, must essentially come up (basic physics). For Not Investment Advice. For Educational and Analytical Purposes Only....
USDCAD --------------------------------------------------------- Even though USDCAD is in a 4 week range, there is a decent opportunity to profit from USDCAD this week/ Seeing that sell-off late last week, we are now in a good position to buy USDCAD. However, we will wait for price action to gives us good entries. Last time price was near the demand, we saw...
Aussie / Kiwi ------------------------------------------------------------------------------------------------------------------- Currently is sitting at Weekly Supply Zone, this pair received a push to the upside due to Rate Decision news by NZD last week. However, since AUD and NZD react almost always the same to news, we expect heavy bearish pressure tomorrow...
AUDJPY ------------------------------------------------------------------------------------------------------------------- Currently in a 10 week range since Jan 14, 2019. Hopefully we can see some movements this week fitting for a King! I see a fall after testing daily supply and weekly trendline resistance. We find ourselves in similar waters as weeks ago...
Hello Everyone, The Stock (ASNA) has been experiencing a downward momentum for quite some duration (November 2018 - March 2019). Considering the current fluctuation in PA, there is a viable opportunity to enter a long (bull) position for the next 2 - 3 months. Not Investment Advice. For Educational and Analytical Purposes Only. (Be Aware and Stick To Your...
CXY - Canadian Dollar Currency Index -------------------------------------------------------------------------------------------------------------------- Currently in a 4 week range, saw a good surge of buyers on Friday. It is currently attempting to test 2017 descending channel. The reaction to this trendline will be instrumental in what happens next for the...
NZDUSD ------------------------------------------------------------------------------------------------------------------------------ Price has been in a 3 month range and there should be hopefully a decision by buyers or sellers as to what will happen. Last week sell-off showed strong bearish pressure within this range and a further decline should really see...
Swing Trade Idea for CADCHF Long. Chart pattern observed: Inverted Head and Shoulders. Saw it like in a second. Now the Left Shoulder and Head has been formed, now for the Right Shoulder to be formed. This is a slow moving pair but pays out well. This will take a very long time to play out. But patience pays. Price is pushing from demand on the weekly. From the...
Crude Oil Short After seeing the first drop at 60.25, oil has been declining ever since. And a bearish flag pattern is seen on the 1 hour. I see this as a CP (Continuation Pattern) To tie in this thought, I also see compression into demand where buyers keep buying until it reaches an area where supply exceeds demand and it quickly falls, Within that blue...
Hello Everyone, Within previous months we have begun to witness the formation of upward moment. If the continued trend were to continue bullish then (112.50-112.100) would be a solid entry point. However, a reversal would indicate a viable entry at the (109.750-109.800). Not Investment Advice. For Educational and Analytical Purposes Only. (Be Cautious and Stick...
EURCAD Buy Trade Idea Daily The sell-off the past 2 days has now fueled price to return to February 22 trendline support. The 1.506 - 1.509 level proved to be a strong area of demand seen from price recent visit there. I expect bullish momentum to continue for this pair having respected the trendline 3 times before. From that demand, we should expect price to...
-WAIT FOR BREAKOUT -WATCH FOR PULLBACK -EXECUTE entry lower time frames
o Expecting to go up o Sellers running outta steam o Buyers bout to be on roids I will adjust profit targets as I watch price action and change price targets accordingly. lets get it.
May decide to enter this, just a test to check back on later. My trade would enter at 6k.
Go long on EURUSD at price 1.13 . In my chart you can see more trend-, support- and resistancelines. The point where we go long is the point where we get a second retest of the trendline wich you can see. We wait for the price to drop just below 1.13, then we can go long if we get a confirmation from the candles. Have got this set up in the charts for several...